Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Cazena closed a $10M financing round to further accelerate channels for its Big Data as a Service.
Cazena's strategic round was led by existing investors Andreessen Horowitz, Formation 8, and Northbridge Venture Partners, with participation from Persistent Systems and other technology partners.
Cazena provides Fully-Managed Big Data as a Service with built-in DevOps. The company has gained significant traction as enterprises face massive skills shortages in big data, cloud and analytics. Cazena enables enterprises to have supported, production-grade Hadoop/Spark data environments in the cloud, without hiring expensive and hard-to-find DevOps resources.
The investment will support Cazena's go-to-market activities.
"Since going GA last year, we have seen a 300% growth in our business. Our goal is to accelerate enterprises' ability to leverage analytics and machine learning/AI, without hiring or re-training their workforce. This round reinforces the support of our existing investors and we are proud to announce our strategic partnership with Persistent," said Prat Moghe, Cazena Founder and CEO.
Cazena's flagship solution is its fully-managed and automated cloud Data Lake, which offers a SaaS-like experience for analytics and business teams, with enterprise features for IT. Cazena solutions embed security, data management and 24x7 production operations along with cloud IaaS and PaaS from AWS, Microsoft Azure and Cloudera. Cazena cloud data lakes are delivered production-ready for immediate data ingest and analytics. Data sources and tools are seamlessly integrated via Cazena's hybrid gateway or AppCloud.
As part of the investment, Cazena has partnered with Persistent Systems to further extend the cloud Data Lake to include self-service data discovery and data services for enterprises that don't have data engineering or ML skills.
"Persistent consistently drives forward rapid digital transformation for our enterprise clients. Partnering with Cazena enables us to extend innovative solutions for analytics and ML for our customers. We are excited to announce the new Self-Service Data Lake, a combination of Cazena's Big Data as a Service with Persistent's ShareInsights analytic solutions and our ML/AI data services. This solution provides enterprises immediate and actionable access to data to help unlock the "how" of digital transformation," said Dr. Anand Deshpande, Chairman and Managing Director, Persistent Systems.
Industry News
Check Point® Software Technologies Ltd. has been recognized as a Leader and Fast Mover in the latest GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs).
Spectro Cloud, provider of the award-winning Palette Edge™ Kubernetes management platform, announced a new integrated edge in a box solution featuring the Hewlett Packard Enterprise (HPE) ProLiant DL145 Gen11 server to help organizations deploy, secure, and manage demanding applications for diverse edge locations.
Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
Launchable by CloudBees is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
Red Hat announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud.
Endor Labs announced that Microsoft has natively integrated its advanced SCA capabilities within Microsoft Defender for Cloud, a Cloud-Native Application Protection Platform (CNAPP).
Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.